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Why should FTSE bosses earn 200x more than the workers who keep the lights on?

New figures show the pay gap hasn’t budged in years — but what if we imagined something better?

A 20:1 world isn’t just fairer — it’s possible.

#IncomeInequality #CEOpay #FairPay #VoxPolitical

WBD Shareholders Nix David Zaslav’s 2024 Pay Package In Non-Binding Vote
#News #Ceopay #DavidZaslav #Warnerbrosdiscovery

https://deadline.com/2025/06/warner-bros-discovery-shareholders-nix-ceo-david-zaslav-pay-1236422656/

Netflix Co-CEOs Ted Sarandos And Greg Peters See 2024 Pay Jump As Each Tops $60 Million
#News #Ceopay #GregPeters #Netflix #TedSarandos

https://deadline.com/2025/04/netflix-co-ceos-ted-sarandos-greg-peters-2024-pay-1236371163/

Edward Alexander Lawrence, Congregationalist pastor, says our giving resembles Christ’s life. It brings us into sympathy with Christ’s redeeming work. Christ had joy at the work set before him.

Do we want credit for “sympathy with Christ’s work” without any sympathy for neighbor? Can charitable service seem a box we check off with exasperation until can get back to real imitation of Christ?

How can you enjoy the joy set before us?

#christian #ceopay #lawofgod #quotables #lifeishard

EDWARD ALEXANDER LAWRENCE (1808-1883) The Mission of the Church: or, Systematic Beneficence "Our happiness will be like his, as, in beneficence, our lives resemble his. Hence, it is more blessed to give than to receive ; for giving brings us into more perfect sympathy with Christ in his redeeming work, and pours into the soul the blessedness which he contemplated, when, 'or the joy that was set before him, he endured the cross.'"

Here’s how much Canada’s highest-paid CEOs earned in 2023
Canada’s 100 highest-paid CEOs earned $13.2 million on average in 2023 from salaries, bonuses and other compensation, according to the Canadian Centre for Policy Alternatives.
#business #economy #compensation #Canada #Money #CEOpay #CEOpayinCanada
https://globalnews.ca/news/10939707/highest-paid-ceos-2023-report-canada/

💼💸 Microsoft taglia posti di lavoro, ma riempie le tasche del CEO! Cosa ne pensi? #Microsoft #CEOpay

🔗 https://www.spaziogames.it/notizie/microsoft-licenzia-ma-intanto-aumenta-lo-stipendio-del-ceo

#CEO Pay Has Risen 1,085% Since 1978, But for #Workers? Just 24%

https://www.commondreams.org/news/average-ceo-pay

"Exorbitant #CEOpay has contributed to rising #inequality in recent decades—concentrating earnings at the top and leaving fewer gains for ordinary workers," said one expert at the #Economic Policy Institute.

https://www.abc.net.au/news/2024-09-01/starbucks-ceo-brian-niccol-contract-explained/104270064?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=other #starbucks #CEOpay #PrivateJets
A lot of money to create bad coffee and exploit workers

Filing: #Kroger paid #CEO $19M in 2022, typical worker almost $29K

by Alexander Coolidge Cincinnati Enquirer
May 12, 2023

"Kroger CEO #RodneyMcMullen got a 5.7% pay raise in 2022 as his compensation package climbed $1 million to $19 million, according to a corporate filing Friday morning with the U.S. Securities and Exchange Commission.

"The head of the nation's largest supermarket retailer was paid $18 million in the previous year, according to the Associated Press' methodology for executive compensation that excludes pension value changes.

"The typical worker got an $1,800 pay raise, climbing 7% in 2022 to $28,644. The ratio of McMullen's pay to the median Kroger worker – as required to be reported by the government – was 671 to 1, a decline from the ratio of 679 to 1 in the previous year.

"Kroger earned a $2.2 billion #profit on sales of $148 billion last year. In 2022, Kroger contended with higher costs as inflation soared. Overall inflation eased in 2022, climbing 6.4% - slower than 7.2% a year earlier. But the cost of food purchased at #supermarkets and #supercenters rose at a faster rate: 11.8% - the worst calendar year increase since 1978, according to the U.S. Bureau of Labor Statistics.

"Also last year, the grocer proposed acquiring rival #Albertsons in a $25 billion takeover bid that regulators at the Federal Trade Commission are mulling whether to approve or fight.

"In addition to Kroger stores, the Cincinnati-based grocer operates several regional supermarket chains in 35 states, including #FredMeyer, #HarrisTeeter, #Ralphs, #Marianos, #Frys, Smith's, #KingSoopers, #QFC and others. The company has nearly 2,800 stores and employs 430,000 workers."

https://www.cincinnati.com/story/money/2023/05/12/kroger-ceo-paid-19m-in-2022-while-median-worker-earned-28-6k/70211231007/

#CorporatePriceGouging #Inflation #CEOPay #ObsceneProfits #FoodInsecurity #PeopleAndPlanetOverProfits #PriceGouging

During #Antitrust Trial, Exec Admits #Kroger Jacked Up Milk and Egg Prices Above Inflation

"The U.S. #grocery sector—dominated by Kroger, #Walmart, and a handful of other major companies—profited hugely during the Covid-19 pandemic as corporate giants exploited supply chain disruptions to aggressively jack up prices."

Jake Johnson
Aug 28, 2024

"A top Kroger executive admitted under questioning from a Federal Trade Commission attorney on Tuesday that the grocery chain raised its egg and milk prices above the rate of inflation, a concession that came as no surprise to economists who have been highlighting #corporate #PriceGouging across the U.S. economy in recent years.

"Andy Groff, Kroger's senior director for pricing, said during a court hearing on the FTC's legal challenge to the company's proposed acquisition of #Albertsons—its primary competitor—that Kroger's objective is to 'pass through our inflation to consumers.'

"Groff's comment came in response to questioning about an internal email he sent to other Kroger executives in March. In that note, Groff observed that 'on milk and eggs, retail inflation has been significantly higher than cost inflation.'

"A Kroger spokesperson told Bloomberg in a statement that the email was 'cherry-picked' and 'does not reflect Kroger's decadeslong business model to lower prices for customers by reducing its margins.'

"But Rakeen Mabud, chief economist at the Groundwork Collaborative, noted Wednesday that 'execs all over the economy were saying this stuff on their earning calls back in 2021.'

"'This was not a secret,' Mabud added."

#CorporatePriceGouging #Inflation #CEOPay #ObsceneProfits #FoodInsecurity #PeopleAndPlanetOverProfits

A Fresh Approach to Limiting CEO Pay — and Saving Our Environment

A newly drafted Salary Cap Act would powerfully discourage the corporate decisions that so endanger our future.

March 11, 2024
by Daniel Wortel-London

"The compensation of oil company top executives, for instance, links intimately to exploring for new #fossilfuel fields, extracting ever more oil, and promoting still more carbon consumption. Top #BigOil corporate chiefs, as Richard Heede of the Climate Accountability Institute observes, 'have personal ownership of tens or hundreds of thousands of shares' and that 'creates an unacknowledged personal desire to explore, extract, and sell fossil fuels.'"

#SalaryCaps #CEOPay #BigOilAndGas #CorporateColonialism #Corporatocracy #TaxTheRich
#MakePollutersPay

We wonder why medical costs keep rising and hospitals are unable to treat patients effectively in the US. Maybe it's the ungodly #ceopay of averaging $1 million. Maybe instead of CEO pay, we could use it to fubd things like #PatientCare #treatments and #medicalaccess

CEOs earn big bucks at nonprofit hospitals. Does that benefit patients? : Shots - Health News
https://www.npr.org/sections/shots-health-news/2024/08/19/nx-s1-5078495/nonprofit-hospitals-ceo-compensation-community-benefit-uninsured-mission-tax-exempt-management

Mainstream pundits continue to offer muddled explanations for the ongoing inflation crisis. A new report from the AFL-CIO highlights a major factor that often flies under the radar: greedy CEOs and their record profits.

The AFL-CIO Has a Damning New Report on CEO Pay
https://jacobin.com/2024/08/inflation-ceo-pay-harris-walz/

#LaborStrong #AFLCIO #CorporateGreed #CEOPay #VoteBlue

William Sclater,Puritan minister, writes on mercilessness. Christians needn’t look to pagans for examples: it abounds in his own time. Poor widows cry as turned out of house by remorseless landlords. How can grace exist in such people?

Today, do we see this as whole towns are dis-peopled to make room for Airbnb rentals? In ethnic cleansing and genocide?

How can you seek to be more merciful today?

#christian #basictheology #alloflifeforgod #ceopay #godcalling

"Examples of [mercilessness] we need not fetch from the heathen, our own times abound with them: to hear the outcries of poor widows, and orphans turned out of their house, and home, to the mercy of the merciless world, by remorseless landlords, dispeopling whole towne-ships, and leaving not room for the poor to inhabit, whose bowels that hath any spark either of grace, or good nature, yearn not?"

@rbreich
🥥 Eye submit that the 344-to-1 pay gap between overpaid CEOs and their employees is fueling low pay for workers in ways that are both obvious -- in the US wealth gap -- and hidden -- as in the inflation of most goods and services.
And don't even get me started on how blatantly the toxic rich are purchasing elected officials, the judicial system, and policing. 🥥
#EconomicDisparity, #CEOPay, #EarningsGap, #TaxTheWealthy, #EatTheRich, #BongHits4Workers, #TuckersBalls

Media CEO Pay Mostly Up For 2023 Amid Strikes, Industry Contraction
#Executives #News #AdamAron #AriEmanuel #BobBakish #BobIger #BrianRoberts #Ceopay #Charter #ChristWinfrew #DavidZaslav #ExecutiveCompensation #TedSarandos

https://deadline.com/2024/05/ceo-salaries-2023-hollywood-media-1235900343/

Ari Emanuel Sees $84 Million Endeavor Pay Package For 2023, On Top Of $65 Million From TKO Group
#News #Ariemanual #Ceopay #Endeavor #TKOGroup

https://deadline.com/2024/04/ari-emanuel-big-endeavor-pay-package-tko-group-1235895469/

Warner Bros. Discovery’s David Zaslav Pay Package Just Shy Of $50 Million In 2023
#News #Ceopay #DavidZaslav #Executivepay #Warnerbrosdiscovery

https://deadline.com/2024/04/warner-bros-discovery-david-zaslaz-2023-ceo-pay-package-1235890028/

#CEOPay

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